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$395,000

Est. payment - /mo

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2,011 SqFt

Active Under Contract

1218 8th ST Greeley, CO 80631

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Chris Plant

chris@chrisplant.com +1(303) 332-4747

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Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 2,011 sqft

Price per Sqft $196

Subdivision Greeley City

MLS Listing ID IR1047594

HOA Y/N No

Year Built 1892

Annual Tax Amount $1,730

Tax Year 2024

Lot Size 5,750 Sqft

Acres 0.13

Property Sub-Type Triplex

Source recolorado

Property Description

Fantastic triplex investment opportunity in Downtown Greeley! Major improvements are already done, including two new furnaces, three new water heaters, and a new roof in 2024-making this a low-maintenance, high-performing addition to your portfolio. Discover an excellent opportunity to own a versatile multi-unit property proving the following rents: Unit 1 (main floor level): 1 bed, 3/4 bath - currently rented for $1300/mo. Unit 2 (main floor level): 1 bed / 1 bath - freshly updated with new carpet and paint recently rented for $1050/mo. Unit 3 (upper level): 2 bed / 1 bath was also refreshed with new paint, carpet, new kitchen counter tops and flooring and is currently rented for $1300/mo. THIS IS AN 8.41 CAP RATE! Updated GFCIs throughout. 3 separate meters. In addition, there is a storage shed, and has a prime location near downtown shops and restaurants. Don't miss this chance to add a fantastic multi-unit investment to your portfolio! No pictures were taken of Unit 1.

Location

State CO

County Weld

Zoning RES

Rooms

Basement Partial, Unfinished

Interior

Interior Features Eat-in Kitchen

Heating Forced Air

Equipment Satellite Dish

Fireplace N

Appliance Oven, Refrigerator

Exterior

Fence Fenced

Utilities Available Cable Available, Electricity Available, Internet Access (Wired), Natural Gas Available

Roof Type Composition

Building

Lot Description Sprinklers In Front

Sewer Public Sewer

Water Public

Level or Stories Two

Structure Type Wood Siding

Schools

Elementary Schools Maplewood

Middle Schools Franklin

High Schools Northridge

School District Greeley 6

Others

Ownership Individual

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Listed by RE/MAX Alliance-Greeley

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Chris Plant

Broker

+1(303) 332-4747

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1218 8th ST Greeley, CO 80631

Chris Plant

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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1218 8th ST